Business news
EU court scraps 1.5-bn euro fine against Google
An EU court on Wednesday scrapped a 1.49-billion euro ($1.65 billion) fine imposed by Brussels against Google over abuse of dominance in online advertising.
7 hours ago
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Microsoft-BlackRock team to raise $100 bn for AI data centers
Microsoft and investment powerhouse BlackRock on Tuesday said they have teamed up to raise as much as $100 billion for data centers and infrastructure to power artificial intelligence.
6 hours ago
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Boeing not taking strike talks seriously, union says
The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area ...
7 hours ago
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Business
Artificial intelligence grunt work can be outsourced using a new blockchain-based framework
Tomorrow's workplace will be run on mind-boggling amounts of data. To make sense of it all, businesses, developers and individuals will need better artificial intelligence (AI) systems, better trained AI workers and more ...
19 hours ago
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Business
Research shows that auto plants grew their workforces after transitioning to electric vehicle production
U.S. auto plants producing battery electric vehicles have required a larger workforce than traditional internal combustion engine plants—a finding that runs counter to early predictions about how EVs would impact the industry.
19 hours ago
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Business
Seeking help for crypto wallet problems on social media can attract scammers
The increasing popularity of cryptocurrencies has turned social media into a central place where users look for help when they have problems with their crypto wallet or private key. Scammers take advantage of this situation ...
21 hours ago
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Business
Google says it will rethink its plans for a big data center in Chile over water worries
Google on Tuesday said it would halt plans to develop a major $200 million data center in Chile to address environmental concerns, a decision reflecting growing worries about the impact of power-thirsty projects around the ...
20 hours ago
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Business
How AI can help stop the spread of misinformation
Machine learning algorithms significantly outperform human judgment in detecting lying during high-stakes strategic interactions, according to new research from the University of California San Diego's Rady School of Management.
21 hours ago
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Internet
Opinion: The internet is worse than it used to be. How did we get here, and can we go back?
When it comes to our experience of the internet, "the times, they are a-changin'," as Bob Dylan would say. You can't quite recall how, but the internet certainly feels different these days.
23 hours ago
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Internet
Opinion: Have you heard of the open source internet? The antidote to a capitalist web already exists
In the early days of the internet, famously, no one knew if you were a dog. The internet was a place where you could be anyone.
23 hours ago
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Business
Boeing, union resume talks as strike empties Seattle plants
Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.
20 hours ago
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Business
TikTok ban goes to the court: Five essential reads on the case and its consequences
TikTok headed to court on Sept. 16, 2024, in a bid to overturn a law that would force the video app to divorce from its China-based parent company or be banned in the U.S.
23 hours ago
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Business
Google is worth more in Australia than major news outlets. Here's how it could better fund journalism
The Global Media Internet Concentration Project examines the concentration of the communications and media in countries around the world.
23 hours ago
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Business
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Sep 17, 2024
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Business
US says Google saw ad startup as a 'threat'—and bought it
Google bought advertising technology provider AdMeld in 2011 because the search giant saw the startup as a "threat" to its online display ad strategy, antitrust enforcers sought to show at trial Monday.
Sep 17, 2024
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Business
Intel delays Germany, Poland chip factories for two years
Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.
Sep 17, 2024
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Consumer & Gadgets
Meta, Ray-Ban maker extend smart glasses partnership
Ray-Ban maker EssilorLuxottica said Tuesday that it extended a partnership with Facebook and Instagram owner Meta to develop smart-eyewear products after producing glasses that let users make calls, capture images and listen ...
Sep 17, 2024
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Business
'A stab in the back.' How Elon Musk's decision to move X from San Francisco is stirring mixed emotions
When Elon Musk took over Twitter in 2022, it marked a new era for the struggling San Francisco company.
Sep 17, 2024
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Business
Meta bans Russian state media outlets for 'interference'
Meta late Monday said it is banning Russian state media outlets from its apps around the world due to "foreign interference activity."
Sep 17, 2024
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Business
Chinese appliance maker Midea soars in Hong Kong after US$4 bn IPO
Shares in Chinese electronic appliance maker Midea closed nearly eight percent higher on its Hong Kong debut Tuesday, having raised around US$4 billion in the city's biggest initial public offering for more than three years.
Sep 17, 2024
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Business
Shared carbon capture networks would cut costs, reduce disruptions to local communities
Sharing infrastructure for transporting and storing captured carbon dioxide (CO2) emissions across multiple industrial facilities could cut costs by more than 60% and reduce pipeline buildout by more than 75% in Louisiana, ...
Sep 16, 2024
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Business
Amazon is requiring workers to be in the office five days a week starting next year
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday.
Sep 16, 2024
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Business
Researcher: Governments need to focus on AI's real impact, not get caught up in the hype generated by Big Tech
Statistics Canada recently released a detailed report estimating which professions are likely to be affected by artificial intelligence in the next few years.
Sep 16, 2024
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